APC youths, CSO tackle NNPCL over failure to revive Port Harcourt, Kaduna refineries

The Energy Reforms Advocates of Nigeria, in collaboration with the All Progressives Congress, APC, Youth Vanguard for Change, have condemned the persistent failure of the Nigerian National Petroleum Corporation Limited, NNPCL to restore the Port Harcourt and Kaduna refineries, despite massive investments.

The groups, at a press conference in Abuja on Friday, also warned the Mele Kyari-led NNPCL against importation of alleged adulterated fuel into Nigeria.

DAILY POST reports that the refineries’ rehabilitation has been plagued by delays and unfulfilled promises by the oil company.

NNPCL’s Group Chief Executive Officer, Kyari, had repeatedly assured Nigerians of the refineries’ imminent restoration, but the promises failed.

Reacting, the groups lamented that despite the “$1.5 billion approved in 2021 for the Port Harcourt Refinery and an additional $1.4 billion for the Warri and Kaduna refineries”, the facilities are yet to function.

ALSO READ  NGX bounces back, gains 0.43% Tuesday

In his address, Dr. Opialu Fabian alleged that certain entities within NNPCL might be intentionally obstructing progress to sustain the lucrative fuel importation business.

He highlighted the devastating impact of the refineries’ failure on Nigerians, who face endless fuel queues, exorbitant prices, and inflated costs of goods and services.

He said, “We have chosen this moment to speak on behalf of Nigerians to highlight the ongoing, persistent challenges around the Port Harcourt, Warri, and Kaduna refineries.

“These failures, unfortunately, continue to place Africa’s largest oil producer in the ironic position of depending entirely on imported petroleum products for domestic consumption. This dependency has drained our nation’s foreign reserves, inflated fuel prices, and left Nigerians queuing endlessly at filling stations.

ALSO READ  Why Sylva is backing EndBadGovernment proposed protest – APC Stalwart

“The excuses provided by NNPCL are, unfortunately, repetitive. We have heard, time and again, explanations citing ‘obsolescence’ ‘corrosion’ and the ‘absence of baseline data for structural integrity verification’.

“It’s still fresh in our memory that Mr. Mele Kyari, the NNPCL’s Group Chief Executive Officer, announced on March 15 this year that the Port Harcourt refinery would begin production by the end of the month.

“Sadly, this was yet another unfulfilled promise, as we have not seen any production from the refinery. It begs the question: Are these statements made with sincerity, or are they merely attempts to pacify Nigerians with false hope?

ALSO READ  Bundesliga: Bayer Leverkusen chief hails ‘ambitious player’ Tella

“Today, the energy sector is a critical cornerstone of Nigeria’s prosperity. Our country, rich in crude oil, should be reaping the benefits of this resource through local refining, lower fuel prices, and foreign exchange conservation. Instead, the leadership at NNPCL continues to drain our economy by prioritizing importation, an act that not only places strain on our foreign reserves but also destabilizes our currency.”

APC youths, CSO tackle NNPCL over failure to revive Port Harcourt, Kaduna refineries

Share

Leave a Reply

Your email address will not be published. Required fields are marked *